USD/CHF continued to recover early on Wednesday ahead of the FOMC statement and printed a fresh daily high at 0.9641. The pair has erased most of yesterday's losses, when it dropped to 0.9551, reaching the lowest price since November 19. Then it started to moved to the upside, but found resistance at 0.9625 and finished the day slightly below 0.9600. Today USD/CHF rose further and managed to break 0.9625. It was trading at 0.9639, around the same price it had at the beginning of the week and remained steady during the last hours, moving in a small range between 0.9625 and 0.9640, unaffected by Eurozone inflation data and the Swiss ZEW Survey of economic expectations.